Housing Market News

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All of these are links to articles; go to the link to view them http://patrick.net/housing/crash.html

Fri Feb 25 2011

Shouldn't justice department investigate NAR for inflating sales figures? (patrick.net)
Discount for foreclosed houses widened in 2010 (miamiherald.com)
Foreclosures still dominating house purchases (pe.com)
CA foreclosure sales accounted for 44% of all sales in 2010 (centralvalleybusinesstimes.com)
House Prices in U.S. Slid 4% in Fourth Quarter on Foreclosures (bloomberg.com)
Sales of new houses fall a wonderful 11.2% in January (money.cnn.com)
Arizona Bill SB1259 Would Void Foreclosures Without Full Title History (4closurefraud.org)
But MERS can foreclose in California (contracostatimes.com)
Banks Just Too Big To Fail? Iceland Proves Otherwise, but Ireland Gives Up (dailybail.com)
Hundreds of repossessed houses in Ireland to be sold by auction (guardian.co.uk)
House prices down 2% in Netherlands (translated from Dutch - translate.google.com)
Fannie Mae $2.1B loss for Q4, who cares, taxpayers will pay it (finance.yahoo.com)
Freddie Mac $1.7B loss for Q4, who cares, taxpayers will pay it (finance.yahoo.com)
Obama pushes multibillion-dollar mortgage pact (finance.yahoo.com)
A Rash of Recent Sales in Beverly Park Reveals Pattern (realestalker.blogspot.com)
U.S. Economy Overheating? We Should Be So Lucky (bloomberg.com)
Stock Market Crash 2011 by Christmas? (marketwatch.com)
It's the Inequality, Stupid (motherjones.com)

Thu Feb 24 2011

House prices still on decline (timesunion.com)
House prices continue to spiral down in most areas (heraldnet.com)
House prices plummet in big US cities (rgj.com)
Case-Shiller index, double dip: House prices edge toward double dip (latimes.com)
5 reasons why 2011 is not time to buy real estate in California (doctorhousingbubble.com)
San Diego foreclosures up 34% in January (signonsandiego.com)
Wells Fargo Meeting With Philly Houseowner Who "Foreclosed" On Them (consumerist.com)
More Bad News For Houseowners (wealthwire.com)
Payback time for those who took advantage of 2008 tax credit (nydailynews.com)
Only The Little People Pay Taxes (economix.blogs.nytimes.com)
US Accuses 4 Bankers of Helping Americans Evade Taxes (nytimes.com)
Justice Denied: Why Countrywide CEO Fraudster Mozilo Isn't Going to Prison (dailyfinance.com)
Mainstream Media Spins JP Morgan CEO Dimon (usawatchdog.com)
Fed Has Painted Itself Into a Corner Protecting Banksters (dailyfinance.com)
Did Realtors inflate sales by 1.6 million in 2010? Of course! (curiouscapitalist.blogs.time.com)
Is houseownership all its cracked up to be? (audio - scpr.org)
Gov't housing programs make housing more expensive, less affordable (spokesman.com)
The Revolution Will Come To Saudi Arabia On March 20 (zerohedge.com)

Wed Feb 23 2011

Housing crash may be much better for buyers than thought (money.msn.com)
House prices plummet in most big US cities (finance.yahoo.com)
U.S. house prices slip 1% in December (marketwatch.com)
Chicago-area home prices fall again, reach lowest point since 2002 (chicagorealestatedaily.com)
4 Reasons House Prices Are Likely To Keep Falling (gpb.org)
House Foreclosure Rates to Spike in 2011 - More Evidence (homebuyinginstitute.com)
House Prices and the Economy (businessinsider.com)
Beyond personal greed, house price inflation is bad (irvinehousingblog.com)
You Want Inflation? Here's How To Get It (Charles Hugh Smith)
The Foreclosure Of Patricia Kluge's Once $100 Million Estate (blogs.forbes.com)
Reader thinking of buying a shortsale, needs some thoughts. (patrick.net)
Commodities Bloodbath; Will this be the Dip that Won't be Bought? (Mish)
Are We Buying High All Over Again? (bucks.blogs.nytimes.com)
Stock Rising on "Rivers of Blood" (marketoracle.co.uk)
In Defense Of A Little Class Warfare (tnr.com)
Australia: A Housing Bubble That We Can Profit From ? (gurufocus.com)
Booming housing market in Israel stokes fears of bubble (jewishjournal.com)
SERS: Spouse Electronic Recording System (4closurefraud.org)

Tue Feb 22 2011

The Truth About Housing Prices (reason.com)
Real estate: Houseownership loses its luster (latimes.com)
Mortgages in foreclosure process hit record (sfgate.com)
America's housing market: Suspended animation (economist.com)
The curse of negative equity (miamiherald.com)
Reader wants advice (patrick.net)
Bargain hunters dominate market in Santa Clara, San Mateo counties (contracostatimes.com)
Apartments can be good investment as more people rent (vcstar.com)
NAR has been overstating house sales for a decade (bayarearealestatetrends.com)
How Underwriting Went Under (newgeography.com)
Rio de Janeiro Prime Office Rents Overtake New York Rates for First Time (bloomberg.com)
Spain's villa values HALVED (dailymail.co.uk)
National Debt: America Is Broke (usawatchdog.com)
Why was captial gains tax on mega-rich cut to only 15%? (robertreich.org)
US economics: One big Ponzi scheme (english.aljazeera.net)
Fed Reserve thanks middle class for bailing out banks with inflation (mybudget360.com)
Inflation and interest rates: Mervyn's dilemma (economist.com)
This is a perfect time if you want to be a crook (bloomberg.com)

Fri Feb 18 2011

Calif. house prices dip 3 percent in Dec. (sfgate.com)
CoreLogic Blasts NAR for Overstating House Sales (upi.com)
US Loans in Foreclosure Tie Record as Lenders Delay Seizures (bloomberg.com)
US regulators preparing to slap a few wrists for foreclosure violations (voices.washingtonpost.com)
US close to punishing a few banks, lightly, over foreclosures (reuters.com)
Why Isn't Wall Street in Jail? (rollingstone.com)
Fed's Hoenig Says Farmland Boom May Be a Bubble (bloomberg.com)
Couple under arrest for squatting in expensive house (dailybulletin.com)
Fannie Mae and Freddie Mac should be dismantled in favor of private lending (irvinehousingblog.com)
Jamie Dimons Biggest Disaster Is Waiting (bloomberg.com)
US Treasury's Housing Report Gets it Half Right (macrobusiness.com.au)
His Real Estate Agent? Craigslist (nytimes.com)
China scraps property 'bubble' index (theaustralian.com.au)
Mid-February U.S. Unemployment at 10% (Mish)
The struggling retail sector (economist.com)
Inflation For The Innocent, Hyperinflation For The Clueless (theautomaticearth.blogspot.com)
Gold forbidden as currency by IMF? (patrick.net)
How to overthrow the Federal Reserve (nytimes.com)

Thu Feb 17 2011

Median List Price in US Falls 13% in January Compared to 2010 (realestatechannel.com)
SF Bay Area median price dropped 9.1% from December to January (bayarearealestatetrends.com)
Silicon Valley real estate: Foreclosures surge in Santa Clara County (contracostatimes.com)
Southern California House Prices Drop to 18-Month Low (bloomberg.com)
Realtors are Back to Their Old Tricks (patrick.net)
Legalized corruption: Oregon Association of Realtors demands lobbying cash (registerguard.com)
The TV Commercial That Burst The Housing Bubble (youtube.com)
Banks Demand Bigger Down Payments At Last (online.wsj.com)
Tax Preparers Fraudulently File Homebuyer Tax Credits (blogs.smartmoney.com)
How Foreclosure Affects Taxpayers (accountingtoday.com)
Raising federal gas tax by 60c would destroy America! Right? (washingtonpost.com)
Why We Should Raise Taxes on Super-Rich and Lower Them on Middle Class (robertreich.org)
How middle class became underclass: the super-rich took it all (money.cnn.com)
Secret corporate tax breaks in California (baycitizen.org)
He takes his beef with bank to the streets (mortgage.ocregister.com)
Bond Market to Fed: You're Wrong About Inflation (cnbc.com)
Google Maps Kills Foreclosure and Real Estate Listings (theatlantic.com)
Fannie & Freddie must die now (nypost.com)
Cost of War to the United States (costofwar.com)

Wed Feb 16 2011

SoCal housing market kicks off 2011 with a slump (latimesblogs.latimes.com)
Southern California House Prices Drop to 18-Month Low (bloomberg.com)
House Sales and House Prices Dropped in January (nbclosangeles.com)
Recession Lingers On in Silicon Valley (dailyfinance.com)
January Chartfest: House Prices Drop Again (voiceofsandiego.org)
Foreclosures surge in California (centralvalleybusinesstimes.com)
Housebuilders have grim view of housing market (news.yahoo.com)
Why do Americans think that house price inflation is a good thing? (latimes.com)
Hong Kong's housing bubble feeds popular anger (chinaworker.info)
How the Germans keep a lid on prices (smh.com.au)
Renting In, Mortgages & Foreclosures Out (ourbroker.com)
Appraisers get conservative, Grubb exec says (therealdeal.com)
Adjustable rate mortgages are back (money.cnn.com)
Capitalism Without Failure: A Lawyer on Fraud and Bailouts (capitalismwithoutfailure.com)
US Chamber of Commerce using gov't contractors against foes (latimes.com)
US Chamber of Commerce plans for dirty-tricks campaign against foes (washingtonpost.com)
Preparing for the worst (patrick.net)
Phila. houseowner "forecloses" on Wells Fargo over mortgage fees! (philly.com)

Tue Feb 15 2011

Housing Market Looks Sickest in Cities That Once Seemed Immune (nytimes.com)
Real Estate Market Collapse: Now Coming to the Nice Cities (gawker.com)
Why House Prices Are Falling Beyond Bubble Capitals (theatlantic.com)
Fools still spending 6x annual income on houses in CA (housing-kaboom.blogspot.com)
What is the right price for a house? (articles.philly.com)
Drop in Ohio foreclosure filings may not be real (dispatch.com)
S. Fla. house values continue to slip (miamiherald.com)
Nearly $10 Trillion In Housing Equity Proven Imaginary Since Peak (businessinsider.com)
Housing Crash Bites Deeper; Economic Reality Trumps "It's Different Here" (Mish)
Why are house prices still falling? (irvinehousingblog.com)
Rising Interest Rates Mean Falling House Prices (reallyf'dhomeowner.com)
Inflation, Hyperinflation and Real Estate (gonzalolira.blogspot.com)
The Low Inflation Rate Lie (usawatchdog.com)
The Short Story of How We Lose (theautomaticearth.blogspot.com)
Warren Buffett Closes Out His Bank Of America Stake (dealbook.nytimes.com)
Theorist Says Global Free Trade Necessary (miller-mccune.com)
Privatization Alone Won't Fix Housing Mess (npr.org)
Mortgage-backed bonds burst out of their grave (snl.com)
Wall Street: Endless Free Money and No Real Production (zerohedge.com)

Mon Feb 14 2011

Blogger sees 5 more years of housing decline (lansner.ocregister.com)
Housing Crash Is Hitting Cities Thought to Be Stable (nytimes.com)
Obama Administration's plan to reform housing finance (PDF - treasury.gov)
Obama Administration Unveils Fannie, Freddie Proposals to Much Debate (pbs.org)
Administration housing proposals draw fire from left (washingtonpost.com)
3 Fannie Freddie Restructuring Options, None of them Right (Mish)
Is Obama's Strong Housing Finance Stand for Real or a Political Play? (theatlantic.com)
Rich must keep mortgage deduction or... or they won't give to charity! (reuters.com)
Financial reform starts with increasing the down payment amount (doctorhousingbubble.com)
California Implements $2 Billion Loan-Owner Welfare (irvinehousingblog.com)
Buyers Face Gamble With Rising Mortgage Rates (npr.org)
Dispute Shines Light on How Square Footage Is Measured (nytimes.com)
Finally, SEC Charges A Few Former Mortgage Execs With Fraud (sec.gov)
Tobechi Onwuhara: King of home equity fraud (money.cnn.com)
Real-Estate Recovery in 2011? Not Likely (video - online.wsj.com)
The Economic Hitmen - How Broken Capitalism Rules The Globe (dailybail.com)
The Chinese Are Coming (youtube.com)

Fri Feb 11 2011

Bay Area foreclosures jump in January (mercurynews.com)
S. Fla. house values continue to fall (miamiherald.com)
Foreclosure filings fell last month, but it's a fake out (money.cnn.com)
House Seizures Rebound 12% in January (theatlantic.com)
Don't believe calls for a quick housing bottom (doctorhousingbubble.com)
Case-Shiller: after five years of record declines, slow grinding bottom ahead (irvinehousingblog.com)
Actual sale price is what matters; not asking, listing, or wishing price (patrick.net)
Housing Debt Financing is Disappearing (blog.useforeclosurelaw.com)
Citi, Morgan Stanley Teetered on Brink Of Responsibility For Own Actions (dealbook.nytimes.com)
Fed F's everyone else to save bankers (cnbc.com)
Fed's Warsh Quits; Questioned Inflationary Policy (bloomberg.com)
How Bank Executives Piled Up Risk for Own Reward (economix.blogs.nytimes.com)
Big profits, huge risk (macrobusiness.com.au)
Bear Stearns Double-Dipped With Mortgage Bonds (nytimes.com)
Era of super-low mortgage rates appears to be over, thank God (finance.yahoo.com)
Mortgage Rates Hit 1-Year High; NAR Whines For More Taxpayer Blood (Mish)
Australia's Housing Affordability "Outrage" (newgeography.com)

Thu Feb 10 2011

House-Price Drop Leaves 27% of US "Owners" Underwater on Loans (bloomberg.com)
Foreclosures ramp up as 30% of mortgages are underwater (money.cnn.com)
House Ownership Falls to Preboom Levels (online.wsj.com)
Silicon Valley enjoys ongoing double-dip in prices (contracostatimes.com)
Hero pilot Sullenberger suing Sonoma bank for real estate deception (pressdemocrat.com)
House prices to hit bottom this year, report says (sfgate.com)
But but but I thought the bottom was 2009? (patrick.net)
Joseph Stiglitz Predicts Another 2 Million Foreclosures In 2011 (businessinsider.com)
Just How Ugly Is The Truth Of America's Unemployment? (zerohedge.com)
Despair now dominates subprime real estate markets (irvinehousingblog.com)
No More Unions, No More Pensions: Why's It's Hard to Save (nytimes.com)
Imaginary Money Went To Money Heaven (Mish)
Two Fed Skeptics of Bond Purchases Point To Inflation (bloomberg.com)
Rep. Ron Paul slams Fed's inflationary bond-buying (marketwatch.com)
Ben Bernanke's silence speaks volumes (guardian.co.uk)
What is US government's credit score? (finance.yahoo.com)
How welfare for bankers captured our economy (mybudget360.com)
Bankster Vs Deadbeat (zerohedge.com)

Wed Feb 9 2011

US Housing Continues Freefall & Is Nowhere Near Bottom (zerohedge.com)
House prices in US declined for fifth month in a row (centralvalleybusinesstimes.com)
More people choosing to rent, not buy (marketwatch.com)
With loan mods on decline, US foreclosures poised to spike (therealdeal.com)
Majority of houses in southern Nevada being purchased with cash (fox5vegas.com)
U.S. should step back from mortgage business, industry leaders say (washingtonpost.com)
Worst idea ever: creation of five to 10 more Fannies and Freddies (housingwire.com)
Hollywood house goes from $1 million to $377,000 (doctorhousingbubble.com)
Mortgage squatters now average over 500 rent-free days in delinquency (irvinehousingblog.com)
Loans More Than $1M Default More Often than Loans Less Than $1M (cbsnews.com)
Subprime high roller defaults on Newport mansion (mortgage.ocregister.com)
"Control frauds" use political contributions to shape their regulatory environment (timinglogic.blogspot.com)
Rich Get Richer When Governments Tout Austerity (bloomberg.com)
Despite financial woes, Caltrain CEO's $400,000 paycheck is California's highest (mercurynews.com)
Two Californias (nationalreview.com)
Will "safe" mortgages raise loan rates? (ourbroker.com)
Title loans' interest rates are out of control (latimes.com)
Should you put your savings in a Bank of China savings account? (curiouscapitalist.blogs.time.com)
Former luxury hotel home to thousands of squatters (articles.cnn.com)


http://patrick.net/housing/crash.html